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SURGICAL ENDOSCOPES & SURGICAL CAMERA SYSTEMS

Today’s surgical procedures are pushing medical device technology to the limits. Device providers need to incorporate HD cameras for superior imaging. Furthermore, a high-quality live feed and video recording are now integrated in most surgical procedures. Surgical camera systems have become part of the surgeons’ toolkit.

Analysis of the business implications of the COVID-19 pandemic reveals important trends. Recent data indicates that amid the pandemic, the global market for medical cameras is now estimated at $3B and projected to increase to $5B by 2027. Interestingly, the surgical-camera-system segment is projected to increase at 7.7% compound annual growth rate (CAGR) for the next 7-year period.

Additional considerations for healthcare organizations are recent FDA directives and CDC guidance. There is an urgent need to reduce risk of disease transmission, i.e., via disposable components. With this growing demand for single-use devices, cost-effectiveness is more of a factor than ever for surgical endoscopes.